Analyst Coverage

List of analysts of securities companies and research companies who make recommendations and reports of Fujifilm's performance, etc.

As of Aug. 17, 2010

In alphabetical order of company names
Firm Analyst

Barclays Capital Japan Limited

Masahiro Nakanomyo

Citigroup Global Markets Japan Inc.

Masahiro Shibano

Cosmo Securities, Co., Ltd.

Kazuyoshi Saito

Credit Agricole Securities Asia B.V., Tokyo Branch

Makoto Kurosawa

Credit Suisse Securities (Japan) Limited

Kunihiko Kanno

Daiwa Securities Capital Markets Co. Ltd.

Kougo Horie

Deutsche Securities Inc.

Yoshikazu Higurashi, Tomoko Kimura

Goldman Sachs Japan Co., Ltd.

Toshiya Hari

JP Morgan Securities Japan Co., Ltd.

Hisashi Moriyama

Macquarie Capital Securities (Japan) Limited

Yukihiro Goto

Merrill Lynch Japan Securities Co., Ltd.

Ryohei Takahashi

Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.

Masahiko Ishino

Mizuho Securities Co., Ltd.

Ryosuke Katsura

Nomura Securities Co., Ltd.

Tetsuya Wadaki

Okasan Securities Co., Ltd.

Kazumasa Kubota

UBS Securities Japan Ltd

Yoshitsugu Yamamoto

The above list is provided only for the purposes of informing investors of the names of analysts and related brokerage firms that provide analyses and forecasts of Fujifilm's business performance.

Analysts are independent of Fujifilm. Analysts exercise their own judgment in their analysis of Fujifilm's finances, performance results, business activities and technologies, the operating environment, and economic trends, and independently forecast Fujifilm's results. Neither Fujifilm nor its management is involved in these processes in any way.

This list may not be complete and is subject to change as companies add or delete coverage of Fujifilm. This list is not intended to induce or recommend the purchase or sale of Fujifilm's shares. Furthermore, it is possible that not all of the information provided by these analysts is current and there may be inconsistencies.

Fujifilm does not distribute copies of analysts' reports, and any reliance by investors on these reports is at their own risk.